from In These Times:
UN Gives Nod to Worker Co-Ops, as Cleveland Communities Embrace ModelThursday
December 31
1:11 pm
By Akito Yoshikane
The year might be winding down, but United Nations member states are already looking three years ahead: On Monday, the General Assembly declared 2012 the International Year of Cooperatives.
Fifty-five countries from predominantly Latin, African and southeast Asian countries supported the resolution in an effort to highlight the contribution of cooperatives to socio-economic development.
To most Americans, the image of a worker co-ops conjures up notions of a hippie venture. But collective business models have been embraced all over the world and have recently started gaining traction in U.S. cities like Cleveland, Ohio.
As autonomous voluntary associations, cooperatives are jointly owned and democratically controlled enterprises by a group of individuals with common economic and social goals. Cooperatives have 800 million members across 100 countries and account for about 100 million jobs worldwide, according to the UN.
Worker co-ops have not only been resilient through the economic crisis, they are also profitable. The top 300 cooperatives generate as much as the 10th largest economy in the world with revenues of $1.1 trillion, according to a 2008 report by the Geneva-based International Co-operative Alliance. ..........(more)
The complete piece is at:
http://www.inthesetimes.com/working/entry/5370/un_gives_nod_to_worker_co-ops_as_cleveland_communities_embrace_model/